Academic Publications / Submission

 

Price Setting with Strategic Complementarities as Mean Field Games,

Econometrica, November 2023

with Francesco Lippi, and T. Souganidis.

Decomposing Duration Dependence in a Stopping Time Model

Review of Economic Studies, 2023
with Katarina Borovickova and Robert Shimer

Unions: Wage Floors, Seniority Rules, and Unemployment Duration

with Robert Shimer and Fabrice Tourre, requested from JEDC, under review at JEDC.

 

Strategic Complementarities in a Dynamic Model of Technology Adoption: P2P Digital Payments

with David Argente, Francesco Lippi, Esteban Mendez-Chacon, and Diana Van Patten.

Under revision at the American Economic Review (R\&R December 2023)

 

Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash,

with David Argente.

Under revision in Review of Economic Studies (second round, Nov 2023)

Caballero-Engel meet Lasry-Lions: A uniqueness result

with Francesco Lippi, and T. Souganidis.

Accepted subject to minor revisions in special issue “Mean-field models and their economic/financial applications” for the Mathematics and Financial Economics (MAFE).

Consistent Evidence on Duration Dependence of Price Changes,

with Katarina Borovickova and Robert Shimer

Under revision in the American Economic Review (revision sent July 2023)

Empirical investigation of a Sufficient Statistic for monetary shocks

Conditionally accepted in The Review of Economic Studies, Nov 2023

with Herve le Bihan, Andrea Ferrara, Erwan Gautier, and Francesco Lippi,

Are Cryptocurrencies Currencies? Bitcoin as Legal Tender in El Salvador

forthcoming at Science, as a Research Article
with David Argente and Diana Van Patten

On the Effects of the Availability of Means of Payments: The Case of Uber

Quarterly Journal of Economics 2022
with David Argente

Cash: A Blessing of a Curse?

Journal of Monetary Economics 2021
withwith David Argente, Francesco Lippi, and Rafael Jimenez

The Macroeconomics of Sticky Prices with Generalized Hazard Functions

The Quarterly Journal of Economics, Nov 2021
with Francesco Lippi and Aleksei Oskolkov

The Analytic Theory of a Monetary Shock

Econometrica July 2022
with Francesco Lippi

Cash-Management in Times of Covid-19

B.E. Journal of Macroeconomics (BEJM) 2021
with David Argente

A Simple Planning Problem for COVID-19 Lockdown, Testing and Tracing

American Economic Journal, Insights 2021
with David Argente and Francesco Lippi

Mandatory Disclosure and Financial Contagion

Journal of Economic Theory 2021)
with Gadi Barlevy

Random Risk Aversion and Liquidity: a Model of Asset Pricing and Trade Volumes

Review of Economic Studies (R&R)
with Andrew Atkeson

Temporary Price Changes, Inflation Regimes, and the Propagation of Monetary Shocks

American Economic Journal: Macroeconomics, Jan 2020, Vol 12
with Francesco Lippi

Cost of Inflation in Inventory Theoretical Models

Review of Economic Dynamics, Apr 2019, Vol 134
with Francesco Lippi and Roberto Robatto

From Hyperinflation to Stable Prices: Argentina's Evidence on Menu Cost Models

Quarterly Journal of Economics, Sep 2018, Vol 134
with Andres Neumeyer, Martin Gonzalez-Rozada, and Martin Beraja

Capital Accumulation and International Trade

Journal of Monetary Economics, Nov 2017, Vol 91

Cash burns: An inventory model with a cash-credit choice

Journal of Monetary Economics, Oct 2017, Vol 90
with Francesco Lippi

Phillips curve with Observation and menu Costs

Journal of the European Economic Association, May 2017, Vol 16
with Francesco Lippi and Luigi Paciello

Are State and Time Dependent Models Really Different?

2016 NBER Macroeconomic Annual
with Francesco Lippi and Juan Passadore

The real effects of monetary shocks in sticky price models: a sufficient statistic approach

American Economic Review, Oct 2016, Vol 106
with Herve Le Behan and Francesco Lippi

Monetary Shocks in a Model with Inattentive Producers

Review of Economic Studies, Apr 2016, Vol 83
with Francesco Lippi and Luigi Paciello

Price setting with menu cost for multi-product firms

Econometrica, Jan 2014, Vol 82
with Francesco Lippi

Persistent Liquidity Effect and Long Run Money Demand

American Economic Journal: Macroeconomics, Apr 2014, Vol 82
with Francesco Lippi

A Real Options Perspective on the Future of the Euro

Journal of Monetary Economics, Jan 2014, Vol 61
with Avinash Dixit

The demand for liquid asset with uncertain lumpy expenditures

Journal of Monetary Economics, Oct 2013, Vol 60
with Francesco Lippi

Fixed-Term Employment Contracts in an Equilibrium Search Model

Journal of Economic Theory, Sep 2012, Vol 147
with Marcelo Veracierto

Durable Consumption and Asset Management with Transaction and Observation Costs

American Economic Review, Aug 2012, Vol 102
with Luigi Guiso and Francesco Lippi

Search and Rest Unemployment

Econometrica, Jan 2011, Vol 79
with Robert Shimer

Optimal Price Setting with Observation and Menu Costs

Quarterly Journal of Economics, Nov 2011, Vol 126
with Francesco Lippi and Luigi Paciello

Financial Innovation and the Transactions Demand for Cash

Econometrica, Feb 2009, Vol 77
with Francesco Lippi

On the sluggish response of prices to money in an inventory theoretic model of money demand

Quarterly Journal of Economics, Aug 2009, Vol 124
with Andrew Atkeson and Chris Edmond

Time-Varying Risk, Interest Rates, and Exchange Rates in General Equilibrium

Review of Economic Studies, Jul 2009, Vol 76
with Andrew Atkeson and Patrick Kehoe

If Exchange Rates are Random Walks Then Almost Everything We Say About Monetary Policy Is Wrong

American Economic Review, May 2007, Vol 97
with Andrew Atkeson and Patrick Kehoe

General Equilibrium Analysis of the Eaton-Kortum Model of International Trade

Journal of Monetary Economics, Sep 2007, Vol 54
with Robert Lucas

The Time Consistency of Monetary and Fiscal Policies

Econometrica, Mar 2004, Vol 71
with Andres Neumeyer and Patrick Kehoe

Using Asset Prices to Measure the Cost of Business Cycles

Journal of Political Economy, Dec 2004, Vol 112
with Urban Jermann

Money, Interest Rates, and Exchange Rates with Endogenously Segmented Markets

Journal of Political Economy, Feb 2002, Vol 1
with Andrew Atkeson and Patrick Kehoe

Interest Rate and Inflation

American Economic Review papers and proceedings, May 2001, Vol 91
with Robert Lucas and Warren Weber

Quantitative Asset Pricing Implications of Endogenous Solvency Constraints

Review of Financial Studies, Winter 2001, Vol 14
with Urban Jermann

Severance Payments in an Economy with Frictions

Journal of Monetary Economics, Jun 2001, Vol 47
with Marcelo Veracierto

Efficiency, Equilibrium, and Asset Pricing with Risk of Default

Econometrica, Jul 2000, Vol 68
with Urban Jermann

Labor Market Policies in an Equilibrium Search Model

NBER Macroeconomics Annual, 1999, Vol 14
with Marcelo Veracierto

Dynamic Programming with Homogeneous Functions

Journal of Economic Theory, Sep 1998, Vol 82
with Nancy Stokey

Money and exchange rates in the Grossman-Weiss and Rotemberg model

Journal of Monetary Economics, Dec 1997, Vol 40
with Andrew Atkeson

Banking in Computable General Equilibrium Economies

Journal of Economic, Dynamics and Control, 1992, Vol 16
with J. Diaz-Gimenez, E. Prescott and T. Fitzgerald

 
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